In 2001

PTSC ~ SAN DIEGO--(BUSINESS WIRE)-Nov. 29, 2001- Inavisis, an independent intellectual property evaluation firm based in San Diego, has placed a fair market value of $187 million on four of Patriot Scientific Corp.'s (OTCBB: PTSC.U) patents covering its embedded microprocessor technology.

The Company previously announced, in a press release dated November 5th 2001, that it received an initial fair market value in excess of $120 million on a few of its portfolio patents

Mr. Bernier continued, "Our products are targeting the automotive, entertainment, communications, industrial controllers and smart cards market spaces which according to industry numbers, will be as high as $500 billion over the course of the next three to four years. Our niche markets are subsets within these larger markets, including wireless and other mobile devices, appliances, home gateways and set top boxes with an estimated market of $37 billion per year and growing

2011

How difficult is it for our BoD/Management to give a 2011 fair market value for the MMP patent portfolio considering we had been told there are over 300 possible infringers of which 80 license agreements have already been signed in excess of $250 million? (corrections welcome)

How likely is it that the value would be somewhere between $500million and $1 Billion. For arguments sake, let’s assume the higher figure. After 15% off the top for TPL expenses, then the “extraordinary expenses” that historically have been incurred by TPL, would that would leave half of the remainder for PTSC? Upon information and belief, it may be that Chet Brown and Robert Nielson are also entitled to some % of MMP revenue. Where does that leave PTSC shareholders? If that would be the case, I pray for dividends and not another round of M&As endorsed by the same folks who haven’t gotten one right yet (Crossflo, yet to be determined).

Come on Cliff, Gloria and Carl. You can’t possibly have signed an NDA that would prevent you from telling shareholders the current value of our patents. Unless of course that number is ridiculously low, in which case, Leckrone would not want potential infringers to know …..or, perhaps he doesn’t even want our own BoD to know.

Anyone want to help me out with this line of thinking? Is our niche market as referenced in the 2001 PR still our niche market today. Back then it was estimated to be a $37 billion per year market and growing. What is it today?